ONLINE “ZOOM” AUCTION … · online “zoom” auction unit 71, door 520, rydal mount 130...

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Terms & Conditions

Please note that in order to be approved for bidding, you are required to send us: Proof of Payment & Original Proof of FICA Documents) R 20 000 refundable deposit (strictly cash transfer only). All bids are exclusive of commission + VAT.

Ian Wyles Auctioneers may bid up to reserve on behalf of the sellers. subject to change without notification.

Auctioneer: Ian Wyles

SECTIONAL TITLE UNIT ONLINE “ZOOM” AUCTION

UNIT 71, DOOR 520, RYDAL MOUNT

130 GILLESPIE STREET

SOUTH BEACH, DURBAN

WEDNESDAY, 26 AUGUST 2020 @ 11:00 AM ANDREW GIDDY: 082 601 9278 | 031 579 4403

WWW.IANWYLES.CO.ZA

Viewing by Appointment only

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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person

Property Summary

Locality Maps

Pictures

Additional Information

Auction Information

Deposit 5% of bid price payable by The Purchaser on the fall of the hammer

Commission 10% plus VAT thereon of the bid price payable by the Purchaser on

the fall of the hammer

Terms and Conditions

If you are the successful bidder, the following is applicable:

• 30 Day Guarantee Period from confirmation of sale by the Seller

• Possession & occupation of property on registration

• Electrical (including electric fencing), woodborer and gas compliance for the

Purchaser’s account, if applicable

Banking Details

Ian Wyles Auctioneers and Appraisers (PTY) LTD - (EAAB Approved Trust Account)

Account Number – 40-9642-2381

Branch Name – Absa Bank Durban North

Swift Code – ABSA ZA JJ

Branch Code – 632005

Reference: Use Name and Property Address

CONTENTS UNIT 71, DOOR 520, RYDAL MOUNT

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General

Property Address 130 Gillespie Street, South Beach, Durban

(Flat 71, Door 520)

Title Deed Information

Title Deed Number ST40616/2016

Title Deed Description Sect 71 of Plan 179/1991, Known as Rydal Mount,

Situated at Erf 10210 Durban, Kwazulu Natal

Extent 54 m²

Municipal Value R 280 000.00

Locality

The subject Sectional Title Unit is centrally located within the business node of South Beach,

Durban, within walking distance to Durban’s Main Beach, Marine Parade, Shopping Centres

and other local amenities.

General Comments

The subject unit is in fair condition. Please note that we have not undertaken a structural

survey, nor have we arranged for tests of inspections of the service installations.

INFORMATION UNIT 71, DOOR 520, RYDAL MOUNT

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Improvements

The subject Refurbished Sectional Title Unit comprises:

➢ Kitchen

➢ Lounge/ Dining Room

➢ 1 Bedroom

➢ 1 Bathroom

Expenses

Monthly Rates : ± R 258.00 (Estimated)

Monthly Levy : ± R 1 308.06 (Estimated)

Special Levy : ± R 491.04 (Estimated)

Reserve Levy : ± R 151.66 (Estimated)

CSOS : ± R 16.54 (Estimated)

Parking ± R 149.57 (Estimated)

Value Added TAX

The Seller is not a VAT vendor.

Lease/ Occupancy

The Unit is tenanted on a month to month lease.

Monthly Rental is R 5 380.00 per month.

INFORMATION UNIT 71, DOOR 520, RYDAL MOUNT

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PICTURES UNIT 71, DOOR 520, RYDAL MOUNT

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PICTURES UNIT 71, DOOR 520, RYDAL MOUNT

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IMAGES UNIT 71, DOOR 520, RYDAL MOUNT

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AERIAL UNIT 71, DOOR 520, RYDAL MOUNT

ONLINE “ZOOM” AUCTION … · online “zoom” auction unit 71, door 520, rydal mount 130...

Documents

Transcript of ONLINE “ZOOM” AUCTION … · online “zoom” auction unit 71, door 520, rydal mount 130...